PIMCO Multi Sector Bond Active ETF $PYLD is Fragasso Financial Advisors Inc’s 8th Largest Position

Fragasso Financial Advisors Inc increased its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 10.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,469,657 shares of the company’s stock after buying an additional 232,135 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for approximately 4.1% of Fragasso Financial Advisors Inc’s holdings, making the stock its 8th biggest holding. Fragasso Financial Advisors Inc’s holdings in PIMCO Multi Sector Bond Active ETF were worth $66,039,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. NFP Retirement Inc. increased its position in shares of PIMCO Multi Sector Bond Active ETF by 0.6% in the second quarter. NFP Retirement Inc. now owns 70,856 shares of the company’s stock valued at $1,881,000 after acquiring an additional 420 shares during the period. Mark Sheptoff Financial Planning LLC grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 82.2% in the second quarter. Mark Sheptoff Financial Planning LLC now owns 1,066 shares of the company’s stock worth $28,000 after purchasing an additional 481 shares during the last quarter. Lloyd Advisory Services LLC. increased its holdings in PIMCO Multi Sector Bond Active ETF by 2.7% during the 2nd quarter. Lloyd Advisory Services LLC. now owns 23,596 shares of the company’s stock valued at $626,000 after purchasing an additional 612 shares during the period. WestHill Financial Advisors Inc. increased its holdings in PIMCO Multi Sector Bond Active ETF by 2.1% during the 2nd quarter. WestHill Financial Advisors Inc. now owns 39,556 shares of the company’s stock valued at $1,050,000 after purchasing an additional 808 shares during the period. Finally, Taylor & Morgan Wealth Management LLC raised its position in PIMCO Multi Sector Bond Active ETF by 1.9% during the 2nd quarter. Taylor & Morgan Wealth Management LLC now owns 52,520 shares of the company’s stock valued at $1,394,000 after purchasing an additional 1,000 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Trading Up 0.1%

NYSEARCA PYLD opened at $26.72 on Wednesday. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.42 and a fifty-two week high of $27.04. The stock has a 50 day simple moving average of $26.80 and a two-hundred day simple moving average of $26.61.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, December 12th. Investors of record on Wednesday, December 10th were issued a $0.1069 dividend. The ex-dividend date was Wednesday, December 10th. This represents a c) annualized dividend and a yield of 4.8%.

PIMCO Multi Sector Bond Active ETF Profile

The PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a multi-sector portfolio of fixed income instruments issued by various US and non-US public or private-sector entities. The fund has no maturity and credit rating limitations.